If GOP said Jobs are #1, why are they going after Privatizing Medicare and Social Security?

[Larry Loodes]

Because that will create More Jobs, little fella. And it will Protect People.

Your Obama's Communist Goals aren't getting us any Jobs, eh?

What you REALLY want is for the Taxpayers to Support you, your whole life.

Typical Democrat --- on the Take.

[justagrandma]

The reason we have Social Security is because the banks failed and took people retirement savings with them leaving people who were responsible and saved their whole lives in the gutter.
That was called the Depression Era.
People can still have private retirement accounts, but when you come right down to it only the well off can afford that, your average $46,000 a year worker is too strained to pay for a home and car, and increasing energy prices to want to play day trader on the market, and Old Aunt Essie isn't very good at math let alone trying to figure the ins and out of the stock market.
We have, in some states privatized various things like prisons, they haven't worked very well and added a layer of large executive salaries, and skimped on the necessities and and added a layer of profit margins that public institutions don't need to have.
The same thing will happen if we end Medicare in favor of some private insurance, more money goes to profit and executive salaries than gets paid out for care, with the understanding that the reason we have Medicare at all is because forty years ago Insurance companies didn't want to insure people over sixty five, I don't think they will want to now unless they up the rates way above what Medicare charges people now.
The simplest way to end the worry about Social Security is to raise the cap on how high a salary is charged FICA, raise it from the present $108,000, to $200,000 and the problem evaporates.